A new study released by Oil Change International, examines the role of Norwegian oil and gas production in a Paris-aligned global carbon budget.

The Energy and Natural Resources Act of 2017 (S.1460) would pave the way for fossil fuel expansion, locking in decades of dirty energy and undermining the necessary clean energy transition.

Each year, G20 countries provide nearly four times more public finance to fossil fuels than to clean energy. In total, public fossil fuel financing from G20 countries averaged some $71.8 billion per year, for a total of $215.3 billion in sweetheart deals for oil, gas, and coal over the 2013-2015 timeframe covered by the report. Fifty percent of all G20 public finance for energy supported oil and gas production alone.

Oil Change International

June 2017

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The Alberta tar sands are among the world’s largest oil reserves. While investment and expected growth in the industry have been high for the last decade, new industry data paints a dramatically different picture of the sector moving forward. 
Key findings:


Anticipated tar sands production growth is a legacy from before the 2014 oil price crash. The vast majority still to come on line was sanctioned in 2013.
After those projects are completed in 2020, no new construction activity is planned.
As reserves deplete, it will require substantial spending just to maintain production to a slow decline.
Tar sands production

Big banks’ business as usual is killing the climate. From 2014 to 2016, big banks around the world poured $290 billion into extreme fossil fuel companies and failed to respect human rights.

We find that Energy Transfer Partners' Rover Pipeline would lead to annual emissions of nearly 145 million metric tons of carbon dioxide equivalent. This would be the equivalent of adding 42 coal-fired power plants or over 30 million passenger vehicles.

A new analysis finds that six major multilateral development banks provided over $7 billion in public financing for fossil fuels in 2015, and over $83 billion in financing for fossil fuels from 2008 to 2015, despite public claims of the urgent need for action on climate.

A new report examines the extensive support for fossil fuel production on public lands and waters, provided by the U.S. government to the fossil fuel industry through a combination of direct subsidies, enforcement loopholes, lax royalty collection, and stagnant lease rates.

This analysis examines the banks that are in line to finance the Mountain Valley Pipeline, a 301-mile, $3.5 billion fracked-gas project proposed to run from West Virginia through south central Virginia.

Risk guarantees and credit enhancement programs that subsidize coal-fired power plants could cost the Government of Indonesia and Indonesian ratepayers as much as tens of trillions of rupiah – many billions of U.S. dollars – over the coming decade.